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> Supply increase difficulty has not changed recently

Sure, but supply keeps increasing less than demand is increasing, accumulating the housing shortage each year. This is a decades old trend, from long before AirBnb.

I think that supply increase is vastly dominated by regular old population increase in cities that refuse to build housing. I'd need a lot of convincing to believe AirBnb is more than a minor factor.




Yes, and I said, I'm for supply increase for exactly that reason. But it's a complicated problem, and AirBnB's unarguable supply decrease can only make it worse.




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